Is Yorkville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Yorkville has remained a Seller's Market.
Housing Prices in Yorkville, IL
How much do homes in Yorkville, IL cost?
Median Sold Price
$369,982
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Yorkville was $369,982 in May 2024, up 15.9% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137K | $151K | +10.2% |
2 Bedrooms | $230K | $249.9K | +8.7% |
3 Bedrooms | $289.1K | $324K | +12.1% |
4 Bedrooms | $404.1K | $420.9K | +4.2% |
5+ Bedrooms | $440.3K | $541.2K | +22.9% |
Summary: Yorkville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 22.9%.
Median Sold Price Compared To Nearby Cities
Yorkville | $319.1K | $369.9K | +15.9% |
Kendall Township | $360K | $404.9K | +12.5% |
Bristol Township | $313.4K | $349.9K | +11.7% |
Oswego | $354.9K | $373.7K | +5.3% |
Housing Supply in Yorkville, IL
How many homes are available in Yorkville, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
165 | 177 | +7.3% |
Summary: The Yorkville real estate market had 177 homes for sale in May 2024, a 7.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 24 | 19 | -20.8% |
3 Bedrooms | 42 | 56 | +33.3% |
4 Bedrooms | 87 | 87 | 0.0% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Yorkville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20.8%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 41 | -14.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Yorkville in May 2024, down by 14.6% month-over-month. Of the 41 sold homes, 34% were sold under asking, 44% were sold at asking, and 22% were sold over asking.
Days on Market for Yorkville, IL
How long does it take to sell a home in Yorkville, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 20 Days | -23.4% |
Summary: Homes in Yorkville had an average of 20 days on market in May 2024, down by 23.4% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in Yorkville; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.